Common use of Delivery Penalties Clause in Contracts

Delivery Penalties. Vendor agrees when delivery is not made within the contracted due date, five percent (5%) per calendar week may be deducted from the Vendor’s invoice for each calendar week vendor fails to meet the contracted delivery date. Vendor agrees when delivery and/or installation is not made within the contracted timeframes, five percent (5%) per calendar week from the total invoice amount may be deducted from the vendor’s invoice for each calendar week vendor fails to meet the contracted timeframe. Penalties may continue to be charged to the vendor until the delivery and installation if applicable is complete.

Appears in 3 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

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Delivery Penalties. The Vendor agrees that when delivery is not made within the contracted due date, five percent (5%) per calendar week may be deducted from the Vendor’s invoice for each calendar week vendor the Vendor fails to meet the contracted delivery date. The Vendor agrees that when delivery and/or installation is not made within the contracted timeframes, five percent (5%) per calendar week from the total invoice amount may be deducted from the vendor’s invoice for each calendar week vendor day the Vendor fails to meet the contracted timeframe. Penalties may continue to be charged to the vendor until the delivery and installation if applicable is complete. The five percent (5%) per calendar week penalty will only apply when delivery and/or installation is delayed a complete 7-day calendar week (and not partial calendar weeks).

Appears in 1 contract

Samples: Master Agreement

Delivery Penalties. The Vendor agrees that when delivery is not made within the contracted due date, five one percent (51%) per calendar week may day shall be deducted from the Vendor’s invoice for each calendar week vendor day the Vendor fails to meet the contracted delivery date. The Vendor agrees that when delivery and/or installation is not made within the contracted timeframes, five one percent (51%) per calendar week day from the total invoice amount may be deducted from the vendor’s invoice for each calendar week vendor day the Vendor fails to meet the contracted timeframe. Penalties may will continue to be charged to the vendor until the delivery and installation if applicable is complete.

Appears in 1 contract

Samples: Contract for Kets Server & Storage Hardware & Services

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Delivery Penalties. Vendor agrees when delivery is not made within the contracted due date, five percent (5%) per complete, 7-day calendar week may be deducted from the Vendor’s invoice for each calendar week vendor fails to meet the contracted delivery date. Vendor agrees when delivery and/or installation is not made within the contracted timeframes, five percent (5%) per complete, 7-day calendar week from the total invoice amount may be deducted from the vendor’s invoice for each calendar week vendor fails to meet the contracted timeframe. Penalties may continue to be charged to the vendor until the delivery and installation if applicable is complete.

Appears in 1 contract

Samples: Master Agreement

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